Kirin (OTCMKTS:KNBWY) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Kirin Holdings Co. (OTCMKTS:KNBWY)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $14.24 and traded as high as $15.45. Kirin shares last traded at $14.94, with a volume of 32,231 shares traded.

Kirin Trading Up 1.8%

The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.82 and a current ratio of 1.26. The firm’s fifty day simple moving average is $14.24 and its 200-day simple moving average is $14.31. The stock has a market cap of $12.10 billion, a P/E ratio of 33.19 and a beta of 0.14.

Kirin (OTCMKTS:KNBWY) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.04). Kirin had a return on equity of 3.75% and a net margin of 2.30%.The firm had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $608.48 billion. Equities research analysts expect that Kirin Holdings Co. will post 1.12 EPS for the current fiscal year.

About Kirin

Kirin Holdings Company, Limited engages in food and beverages, pharmaceuticals, and health science businesses. The company's products include beer, wine, whiskey, spirits, soft drinks, dairy products, and other products. It also produces and sells pharmaceutical products, biochemical products, and other products.